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Wall Street suffers worst selloff in two years

Wall Street suffers worst selloff in two years

Investors fled Wall Street in the worst stock-market selloff since the middle of the financial crisis in early 2009 in what has turned into a full-fledged correction. The Dow and the S&P tumbled more than 4 percent on Thursday and the Nasdaq lost 5 percent on fear the United States is staring at another recession and that Europe's sovereign debt crisis is swallowing two of its largest economies.

 

U.S. Markets Higher on Strong Manufacturing Index

A crucial manufacturing index rose in October, but attention could be fleeting as traders turn to the midterm elections and the Fed meeting.

 

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